Actuarial bots & other thoughts

It's not easy, but it is possible to build an actuarial chatbot and train it to be your useful assistant.

Avoid bots trained on copywritten material

If a bot has been trained on material which has been copywritten, then the output of the bot suffers from the same problem.

Never feed anything confidential into a bot

Confidential information needs to always be kept confidential, and should never be fed into a bot.

A bot trained in the actuarial sphere would be what's called a "domain-specific bot", as it specialises in a certain field, as opposed to a generalist bot which you can ask anything.

What is generative AI and LLM?

Generative AI models create new content; for example ChatGPT which is the user interface which interacts with the GPT (Generative Pretrained Transformer) language models (GPT 3.5 and 4.0). Large language models have large amounts of text (language) information going into train them, language refers to them using the written word (text), and models because they are essentially predicting the next part of a conversation.

Actuarial bots

Actuary exam bot aims to be "an AI tool that generates answers for trainee actuaries to study and revise from."

AI Resources

Udemy courses on ChatGPT

Udemy courses on AI


IFRS 17 topics

Net insurance margin

Insurers on the LSE

Solvency II ratio

For legal reasons please consider everything written on this website to be for entertainment purposes alone. It's vitally important to question everything and apply your own mind.